How Can an Offeree Impliedly Reject an Offer

question 35

Multiple Choice

How can an offeree impliedly reject an offer?

• A)By indicating that he will not accept it
• B)By asking for more time to consider it
• C)By making a counteroffer
• D)By writing his nonacceptance

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Definitions:

Annual R&D

Refers to the yearly research and development expenses undertaken by a company to innovate and improve its products or services.

Percent Increase

The percentage by which a quantity grows relative to its previous value.

Effective Annualized

A term relating to the computation of annual rates of interest or financial returns that takes compounding into account.

Capital Gain Yield

The price appreciation component of the total return on an investment, calculated as the change in the price of the investment over a period of time.